Novavax (NVAX) Inventory (2021 - 2026)
Novavax (NVAX) recorded Inventory of $10.01 million in Q2 2026, down 2.3% from $10.24 million a year earlier and down 12.7% from the prior quarter.
Powered by 
Analysis
Novavax (NVAX) Inventory (2021 - 2026) Analysis & Trends
At the end of FY2025, Novavax reported Inventory of $11.55 million, up 32.0% from FY2024.
- Annual Inventory has a four-year compound annual growth rate of 6.8% (FY2021 to FY2025).
- Across earlier years, Inventory came in at $8.75 million in FY2024 (-79.0%), $41.7 million in FY2023 (+13.7%), $36.68 million in FY2022 (+313.5%) and $8.87 million in FY2021.
- The Q2 2026 figure is the lowest quarterly Inventory since Q4 2024.
- On a year-over-year basis, Inventory rose in four of the last eight quarters, with an average decline of 11.5%.
- Peak year-over-year performance for Inventory in the last five years was growth of 313.5% in Q4 2022, against a decline of 90.8% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $11.46 million (Q1 2026), $11.55 million (Q4 2025) and $13.51 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 655.56 Bn | 574.09 Bn | 17.26 Bn | 15.14 Bn |
| 2 | AbbVie | 470.94 Bn | 444.10 Bn | 12.70 Bn | 5.13 Bn |
| 3 | Merck | 367.14 Bn | 321.57 Bn | 12.21 Bn | 6.21 Bn |
| 4 | Novartis Ag | 280.33 Bn | 236.20 Bn | 11.24 Bn | 6.22 Bn |
| 5 | Astrazeneca | 257.78 Bn | 231.34 Bn | 12.86 Bn | 6.93 Bn |
| 6 | Amgen | 226.04 Bn | 181.44 Bn | 7.24 Bn | 6.22 Bn |
| 7 | Gilead Sciences | 188.89 Bn | 163.01 Bn | 6.22 Bn | 1.95 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 9.95 Bn |
| 9 | Vertex Pharmaceuticals | 133.68 Bn | 105.69 Bn | 2.84 Bn | 1.77 Bn |
| 10 | Novavax | 1.78 Bn | -1.23 Bn | 42.45 Mn | 10.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.01 Mn |
| Mar 31, 2026 | 11.46 Mn |
| Dec 31, 2025 | 11.55 Mn |
| Sep 30, 2025 | 13.51 Mn |
| Jun 30, 2025 | 10.24 Mn |
| Mar 31, 2025 | 10.26 Mn |
| Dec 31, 2024 | 8.75 Mn |
| Sep 30, 2024 | 8.64 Mn |
| Jun 30, 2024 | 9.17 Mn |
| Mar 31, 2024 | 15.78 Mn |
| Dec 31, 2023 | 41.70 Mn |
| Sep 30, 2023 | 69.59 Mn |
| Jun 30, 2023 | 23.49 Mn |
| Mar 31, 2023 | 34.19 Mn |
| Dec 31, 2022 | 36.68 Mn |
| Sep 30, 2022 | 82.43 Mn |
| Jun 30, 2022 | 256.30 Mn |
| Mar 31, 2022 | 106.65 Mn |
| Dec 31, 2021 | 8.87 Mn |
API Access
Novavax Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=inventory&ticker=NVAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "ticker": "NVAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=inventory&ticker=NVAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();